Strong growth in digital and financial services boosts JazzWorld’s quarterly performance, with digital revenue reaching Rs58.1 billion and JazzCash transaction value climbing to Rs6.9 trillion
JazzWorld has reported a 26.6% year-on-year (YoY) increase in revenue to Rs144.9 billion during the third quarter of 2026, reflecting strong performance across its digital, financial and telecommunications businesses.
According to the company’s financial results, digital services remained a major growth driver, generating Rs58.1 billion in revenue, up 47.9% compared with the same period last year. Digital operations contributed 40.1% of total revenue, compared with 34.3% in the third quarter of 2025.
The company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) also recorded growth, rising 23.9% YoY to Rs65.2 billion. Meanwhile, telecommunications and infrastructure revenue increased 15.5% to Rs86.8 billion.
JazzWorld’s mobile customer base reached 76.4 million, representing a 5.1% annual increase. Its combined 4G and 5G customer base grew 8.1% to 59.5 million, while average monthly data consumption increased 11.7% to 8.4GB per user.
The company’s premium digital brand, ROX, also witnessed considerable growth, with active users reaching 3.3 million, up 62.8% from the previous year.
JazzWorld Increases Investment in Network and 5G Expansion
JazzWorld increased its quarterly investment by 68.9% to Rs20.9 billion. Of this amount, Rs18.6 billion was allocated to telecommunications and infrastructure development.
The investment supported the use of newly acquired spectrum, network capacity expansion and the continued deployment of 5G technology. The company has installed more than 1,000 5G sites so far.
Financial Services and JazzCash Record Strong Growth
Revenue from financial services, including JazzCash, Mobilink Bank and JazzSure Insurance, formerly TPL Insurance, increased 67.6% YoY to Rs43.4 billion.
The financial services business also recorded a 51.9% increase in its gross loan portfolio, reaching Rs134.6 billion as of September 30, 2026.
JazzCash continued expanding its operations, serving 65 million branchless banking accounts, including 30.4 million active users during the quarter. Its gross transaction value climbed 79.2% to Rs6.9 trillion, while its merchant network reached approximately 2 million, including 957,000 active merchants.
Additionally, the platform issued more than 230,000 nano-loans daily during the reporting period.
Digital Platforms Expand Their User Base
JazzWorld’s other digital businesses also reported growth. SIMOSA recorded 36.3 million active users, increasing 22.1% annually. Tamasha reached 33.9 million active users, while FikrFree served 16.8 million unique policyholders.
JazzWorld CEO Aamir Ibrahim said digital services now generate around 40% of the company’s revenue, highlighting its transition towards becoming a broader digital services platform.
He also emphasised the importance of reliable connectivity and identified artificial intelligence as an opportunity to make digital services more accessible through local languages, particularly for first-time users.